Is it better to buy a car by installment or in full?

In fact, there are two kinds of people who buy a car in full. The first one is a local tyrant who is not bad at money, because buying a car in full is the most worry-free and labor-saving method. Let's not talk about such people for the time being. Another person, however, decided to buy a car in full with an abacus, because buying a car in full can really save a sum of money than buying a car with a loan, and there is no need to consider monthly repayment or pay those extra handling fees. No one can say what will happen in the future. Anyway, seize the immediate interests first!

Benefits of buying a car in full.

1, the biggest feature of buying a car in full is to save money and worry; If you buy a car in full, you will save a sum of interest money compared with your mortgage. Moreover, you don't have to "ding" a message every month, "You owe us a lot of money, and then you have to pay it back", which will make you feel much better and the total cost will be lower.

Besides, the pleasure of buying a car will be better. I spent a sum of money on this thing, which belongs to me. This feeling of ownership and possession is good.

Disadvantages of buying a car in full:

1, once there is urgent need, the capital turnover is insufficient.

2. Money becomes a car and directly enters the depreciation cycle.

Benefits of buying a car with a loan:

1. First of all, the biggest feature of mortgage is flexibility.

On the other hand, my budget is exactly the same. If I buy it with a mortgage, 60% to 70% of the money I have saved can basically be used for stock trading, investment, opening a shop and doing business. If the income generated by these funds can exceed the interest of your mortgage loan, it is a very cost-effective behavior. Especially friends who do some business, you said you need to purchase goods, turnover and accept bills of exchange. Sometimes you turn around and ask for a loan. The loan from that bank is not so good, and the interest is more expensive than the car. Why don't I save some money when I buy a car for business?

Disadvantages of buying a car with a loan:

1, one more loan procedure and one more handling fee.

2. There is a certain pressure every month.

3. It's a few days slower to pick up the car than to pay in one lump sum.

Calculated by installment purchase:

100000 yuan car price, down payment of 30000 yuan purchase tax insurance listing fee, etc. = about 50,000 yuan;

You can save 70,000 yuan for (buying real estate, investing) your Qian Shengqian.

Calculated by buying a car in full:

100000 yuan auto insurance purchase tax list = 120000 or so;

Three years later, the second-hand car transaction value of this car is around 60,000;

60 thousand, it's gone in three years! ! !

I have a friend who took out a loan to buy a car. He bought a car for a little more than 654.38 million yuan, with zero interest for two years, a loan for three years, a loan of 80,000 yuan, an interest of 3,600 yuan, a handling fee of 2,500 yuan, and a three-year renewal of 2,000 yuan. The rest are normal expenses, which are still acceptable. Because he is a building material, he can't help it and can't lack funds.

The specific service fee and interest vary according to the brand and 4S shop. If you engage in activities in manufacturers or 4S stores, some will be free of service fees or interest, both of which are free. The down payment ratio is also different, which is generally similar to mortgage, with 30% down payment, 50% down payment and zero down payment.

There are also many institutions that can provide loans, including major banks, finance companies of automobile manufacturers, and other third-party financial institutions. In short, the financial services provided by various brands and 4S stores are quite different and need to be understood by stores. In addition, some financial policies promoted at the level of automobile manufacturers are also different in 4S stores. However, in any case, the financial policies of various brands are not much different. You can find a salesperson to calculate how much you will pay more.

If you want to borrow money to buy a car, you must calculate the total cost of landing. Don't simply calculate the cost of bare cars, it's not cost-effective. In addition, if you buy a car by stages, there is a warm reminder: if there is a vehicle accident, the responsibility lies with us, then we need to issue a certificate of timely repayment to the lending institution when the insurance company claims. I hope you never use this hint. I wish you a happy life.